A Stock Is Currently Trading at a Price of 22 $C ( 20 ) = 3.35$

Multiple Choice

A stock is currently trading at a price of 22. You observe the following prices for European put options on the stock (the strikes are in parentheses) : $C ( 20 ) = 3.35$ and $C ( 22 ) = 1.95$ . Given this information, you can conclude that the minimum price of the 24-strike call consistent with no-arbitrage is

A) 0.00.
B) 0.55.
C) 1.40.
D) 2.00.